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  • Write You - 7 Coaching Predictions and What To Do About Them

    Business Partnerships Good or Bad?
    There are many reasons why people form business partnerships:1. Spread the costs 2. Spread the workload 3. Limit the riskThese are the obvious reasons why business partnerships are formed, but the question is do business partnerships work or can the forming of them be the beginning of the end.The main problem in my experience in forming a business partnership is what kind of partnership are you going to form, are you going to have legal contracts drawn up, what is the percentage be based on 50-50, 60-40. Will one partner agree to work on the business, while the other sorts out the financial matters? As you can see there are many things to think about.My advice would be.1. Do not have a 50-50 partnership every business needs someone to make the final decision, every business needs a boss, ultimately decisions need to be made. If both partners disagree on a matter, it will ultimately cause a problem.2. If you are in the small business market do not go into a partnership unless yo
    xpected) new niche markets.

    Again, I say this more from a factual standpoint than a crystal-ball or tea-leaf standpoint. There may be more than a handful but I can stand by at least a handful at this moment. Hint: This means more coaches hiring coaches as the new niche market embraces coaching results and demand increases.

    Coaching Prediction #5: There will be a steady increase in the number of mergers and acquisitions taking place. That is, the buying and selling of successful coaching businesses by people in and outside the industry.

    Whether it's because veteran coaches are moving out of the market going onto other things, selling, thinking about their legacy as a coach or just simply planning exit strategies...or.... just the fact that the coaching landscape is coalescing and consolidating ...this is also already happening.

    Unfortunately, this type of meta-activity also means it becomes much more important to have your grown-up business 'ducks in a row'. As business goals of varying coaching organizations overlap and sometimes even clash, there will be lawsuits and other 'vigorous' negotiations. Yes even among coaches.

    How can you prepare? Think bigger about how to reach your goals. If one of your goals is to build a

    The Proper Handling of Welding Rods
    Welding rods get no respect. Out in the field I've seen guys throwing 50lb. rod cans from the truck onto the ground, torching cans open diagonally, beating the wrong end open with a chipping hammer and every other conceivable tool, and leaving open rod cans out in the open.Let's look at what's wrong with each…First and foremost, ALWAYS open the "right" end of the can. Some cans and boxes even say "open other end", or "don't open this end", or "the other end moron!." (last one made up by me.) The reason you need to open the right end is because you can damage the flux coating. You want to open it on the side where the rod is bare for the stinger, or electrode holder. There's a lot less chance of damaging the flux that way. 7018 is very prone to flux damage while 6010 is a lot tougher.Most guys out in the field aren't gonna' be thinking about the welding rods inside the can as they toss them from the truck to the ground. When the cans get manhandled the flux gets jarred loose on the welding rods inside.
    To prepare for our segments, Milana asked us to reveal in no-holds barred fashion, a mindstream of the 3 most important trends, opportunities and landmines we could foresee for professional coaches in 2007, including how each is likely to impact a coach's business (that's you!), and what I'm doing about the predictions myself.

    Here are the promised notes from the predictions I made, for those who missed the call or prefer reading over listening...

    Coaching Prediction #1: Expect to see lots more coaching jobs.

    By that I don’t mean jobs that involve coaching skills, but jobs where coaching is the core deliverable. This will happen at three levels:

    (1) the Executive level - this is already happening and there will be many more of these.

    (2) the non-Executive level - these coaching jobs are becoming part of the woodwork in fitness and wellness industries, in the academic world, etc.

    (3) AND – coaches who are reaching a certain degree of success are now hiring associate coaches themselves, creating a demand for coaches with the skill set and experience set who don't want to build businesses.

    How to prepare for this trend?

    - Collect testimonials of the hard-core type
    - Use before and after progress worksheets
    - Be prepared to provide examples of your coaching abilities in a resume…

    Tip: As a natural benefit to your 1-1 or group coaching clients, you can already be offering to record their sessions, confidentially for their use, of course. It's a great value add and costs you little if you use an easy recording service like this.

    When the time comes you then also have the option of approaching them for permission to use audio clips you record for the purpose of your coaching portfolio. This bolsters your application immeasurably as you are helping prospective employers understand how to recognize great coaching.

    It's early yet in the days of coaching jobs, and people aren't altogether clear how to hire the best coaches. This is great news: you can help them hire you.

    What I personally hope to do in light of the increasing number of coaching jobs is help build connections between those who want the jobs and those who are in a position to hire. I've already spent several years developing my business as a place that helps with business management and infrastructure so as to facilitate coaches hiring other coaches. Love that.

    Coaching Prediction #2: Watch for a great deal more coaching in the mainstream media.

    There will continue to be coaching in reality television, as a part of the bigger premise of the show. But you’ll see in 2007 a couple of shows where coaching is the focus. Many of us have hoped that this would happen in a way that can showcase the real power of coaching – well, isn't it awesome that it’s now coming?

    As I explain on the audio clip from the Coaching Predictions call - I cheat a little with the word 'predictions' here because some of these things I know to be a forgone conclusion. Plus, I think you'll agree that we create our own future so if I have anything to do with the predictions, let's just say I like to think they'll be a little more than predictions when the year is through. ;-)

    So, how to prepare for this one? It may sound silly, but stay flexible. Be prepared to nimbly take advantage of this trend in your marketing collateral. Now may not be the time to print 1000 business cards. Hedge your bets and be ready to take advantage of trends, language and ideas as they sweep through.

    What I hope to do is support the coaches who are even now preparing for big launches in radio, video games and yes, TV, as well as help coaches who want to make the most of the halo effect of all this.

    Coaching Prediction #3: I also predict an increase in mainstream criticism of coaching and the self help industry as a whole.

    Some of you who are following along know this has begun already in the form of recently-published books painting self-help as a whole with a very dark shade of black. And of course, there is the backlash to the very successful movie 'The Secret.'

    So how can you prepare for this? Isn't it hard enough to market your coaching business?

    More details to this worthy question in another post, but in general terms, my best suggestion is that each of us embrace the criticism as an opportunity. Don’t run from the criticism, take it as a vitamin and let it strengthen you.

    Because here's the thing, when I take a close look at some of what's being said - there is real truth to it. And hearing that truth at a deep level can only make us better at what we do, and how we talk about it.

    And although Milana only asked us for three, here are four more quickie predictions I slipped in. Note: Because I had to leave the call early, I wasn't able to cover each in detail on the record so the notes will be where you get the most detail.

    Coaching Prediction #4: We will see a handful or so coaches emerging as leaders in definitive (and perhaps unexpected) new niche markets.

    Again, I say this more from a factual standpoint than a crystal-ball or tea-leaf standpoint. There may be more than a handful but I can stand by at least a handful at this moment. Hint: This means more coaches hiring coaches as the new niche market embraces coaching results and demand increases.

    Coaching Prediction #5: There will be a steady increase in the number of mergers and acquisitions taking place. That is, the buying and selling of successful coaching businesses by people in and outside the industry.

    Whether it's because veteran coaches are moving out of the market going onto other things, selling, thinking about their legacy as a coach or just simply planning exit strategies...or.... just the fact that the coaching landscape is coalescing and consolidating ...this is also already happening.

    Unfortunately, this type of meta-activity also means it becomes much more important to have your grown-up business 'ducks in a row'. As business goals of varying coaching organizations overlap and sometimes even clash, there will be lawsuits and other 'vigorous' negotiations. Yes even among coaches.

    How can you prepare? Think bigger about how to reach your goals. If one of your goals is to build a l

    How To Make A Fortune With FREE Advertising!
    How To Gain FREE Advertising That Will Make You Rich!Okay-Just What Exactly Is “Free Advertising”???Before I get into the specifics of actually HOW to get free advertising - it’s important for you to completely understand exactly what free advertising is.“Free Advertising” is any mention, listing or “blurb” about your product in a magazine, newsletter, book, manual, directory etc. You see, advertising does not have to be paid for. There are tons of ways in which you can attract public attention to your product or business…and never pay a penny!Imagine seeing your profits soar thanks to publicity you gained for FREE. It’s one hell of a buzz I can tell you. So let’s take a look at a way to gain free publicity which is quite literally making people tens of thousands of pounds...Viral MarketingThis method is mainly applicable to gaining free publicity via the internet. If you want to make big money these days you’ve got to be involved in the net somehow. And viral marketing is proof of the
    sheets
    - Be prepared to provide examples of your coaching abilities in a resume…

    Tip: As a natural benefit to your 1-1 or group coaching clients, you can already be offering to record their sessions, confidentially for their use, of course. It's a great value add and costs you little if you use an easy recording service like this.

    When the time comes you then also have the option of approaching them for permission to use audio clips you record for the purpose of your coaching portfolio. This bolsters your application immeasurably as you are helping prospective employers understand how to recognize great coaching.

    It's early yet in the days of coaching jobs, and people aren't altogether clear how to hire the best coaches. This is great news: you can help them hire you.

    What I personally hope to do in light of the increasing number of coaching jobs is help build connections between those who want the jobs and those who are in a position to hire. I've already spent several years developing my business as a place that helps with business management and infrastructure so as to facilitate coaches hiring other coaches. Love that.

    Coaching Prediction #2: Watch for a great deal more coaching in the mainstream media.

    There will continue to be coaching in reality television, as a part of the bigger premise of the show. But you’ll see in 2007 a couple of shows where coaching is the focus. Many of us have hoped that this would happen in a way that can showcase the real power of coaching – well, isn't it awesome that it’s now coming?

    As I explain on the audio clip from the Coaching Predictions call - I cheat a little with the word 'predictions' here because some of these things I know to be a forgone conclusion. Plus, I think you'll agree that we create our own future so if I have anything to do with the predictions, let's just say I like to think they'll be a little more than predictions when the year is through. ;-)

    So, how to prepare for this one? It may sound silly, but stay flexible. Be prepared to nimbly take advantage of this trend in your marketing collateral. Now may not be the time to print 1000 business cards. Hedge your bets and be ready to take advantage of trends, language and ideas as they sweep through.

    What I hope to do is support the coaches who are even now preparing for big launches in radio, video games and yes, TV, as well as help coaches who want to make the most of the halo effect of all this.

    Coaching Prediction #3: I also predict an increase in mainstream criticism of coaching and the self help industry as a whole.

    Some of you who are following along know this has begun already in the form of recently-published books painting self-help as a whole with a very dark shade of black. And of course, there is the backlash to the very successful movie 'The Secret.'

    So how can you prepare for this? Isn't it hard enough to market your coaching business?

    More details to this worthy question in another post, but in general terms, my best suggestion is that each of us embrace the criticism as an opportunity. Don’t run from the criticism, take it as a vitamin and let it strengthen you.

    Because here's the thing, when I take a close look at some of what's being said - there is real truth to it. And hearing that truth at a deep level can only make us better at what we do, and how we talk about it.

    And although Milana only asked us for three, here are four more quickie predictions I slipped in. Note: Because I had to leave the call early, I wasn't able to cover each in detail on the record so the notes will be where you get the most detail.

    Coaching Prediction #4: We will see a handful or so coaches emerging as leaders in definitive (and perhaps unexpected) new niche markets.

    Again, I say this more from a factual standpoint than a crystal-ball or tea-leaf standpoint. There may be more than a handful but I can stand by at least a handful at this moment. Hint: This means more coaches hiring coaches as the new niche market embraces coaching results and demand increases.

    Coaching Prediction #5: There will be a steady increase in the number of mergers and acquisitions taking place. That is, the buying and selling of successful coaching businesses by people in and outside the industry.

    Whether it's because veteran coaches are moving out of the market going onto other things, selling, thinking about their legacy as a coach or just simply planning exit strategies...or.... just the fact that the coaching landscape is coalescing and consolidating ...this is also already happening.

    Unfortunately, this type of meta-activity also means it becomes much more important to have your grown-up business 'ducks in a row'. As business goals of varying coaching organizations overlap and sometimes even clash, there will be lawsuits and other 'vigorous' negotiations. Yes even among coaches.

    How can you prepare? Think bigger about how to reach your goals. If one of your goals is to build a

    The Importance of the Job Interview in Canada
    As I have mentioned several times, I will not only help you with your visa application process, I will also help you arrive and settle in Canada!One of the most important tasks that you will have to accomplish after you arrive to Canada will be attending to several job interviews so that you can get the job of your dreams in Canada! Today, I will give you some useful advice and recommendations to help you answer TOUGH questions during your job interview in Canada! Remember, Canadians are very nice, but sometimes they can be tough!O.K. let’s get started…After a little practice, most of us can become quite confident answering some interview questions, such as “What are your strengths?” or “Why do you want this job?” These common questions have been heard by millions of job seekers over the years and have been answered with varying degrees of success.However, there are other questions that are more difficult to masterfully answer. These are the ones interviewers like to throw at us when everything else
    re will continue to be coaching in reality television, as a part of the bigger premise of the show. But you’ll see in 2007 a couple of shows where coaching is the focus. Many of us have hoped that this would happen in a way that can showcase the real power of coaching – well, isn't it awesome that it’s now coming?

    As I explain on the audio clip from the Coaching Predictions call - I cheat a little with the word 'predictions' here because some of these things I know to be a forgone conclusion. Plus, I think you'll agree that we create our own future so if I have anything to do with the predictions, let's just say I like to think they'll be a little more than predictions when the year is through. ;-)

    So, how to prepare for this one? It may sound silly, but stay flexible. Be prepared to nimbly take advantage of this trend in your marketing collateral. Now may not be the time to print 1000 business cards. Hedge your bets and be ready to take advantage of trends, language and ideas as they sweep through.

    What I hope to do is support the coaches who are even now preparing for big launches in radio, video games and yes, TV, as well as help coaches who want to make the most of the halo effect of all this.

    Coaching Prediction #3: I also predict an increase in mainstream criticism of coaching and the self help industry as a whole.

    Some of you who are following along know this has begun already in the form of recently-published books painting self-help as a whole with a very dark shade of black. And of course, there is the backlash to the very successful movie 'The Secret.'

    So how can you prepare for this? Isn't it hard enough to market your coaching business?

    More details to this worthy question in another post, but in general terms, my best suggestion is that each of us embrace the criticism as an opportunity. Don’t run from the criticism, take it as a vitamin and let it strengthen you.

    Because here's the thing, when I take a close look at some of what's being said - there is real truth to it. And hearing that truth at a deep level can only make us better at what we do, and how we talk about it.

    And although Milana only asked us for three, here are four more quickie predictions I slipped in. Note: Because I had to leave the call early, I wasn't able to cover each in detail on the record so the notes will be where you get the most detail.

    Coaching Prediction #4: We will see a handful or so coaches emerging as leaders in definitive (and perhaps unexpected) new niche markets.

    Again, I say this more from a factual standpoint than a crystal-ball or tea-leaf standpoint. There may be more than a handful but I can stand by at least a handful at this moment. Hint: This means more coaches hiring coaches as the new niche market embraces coaching results and demand increases.

    Coaching Prediction #5: There will be a steady increase in the number of mergers and acquisitions taking place. That is, the buying and selling of successful coaching businesses by people in and outside the industry.

    Whether it's because veteran coaches are moving out of the market going onto other things, selling, thinking about their legacy as a coach or just simply planning exit strategies...or.... just the fact that the coaching landscape is coalescing and consolidating ...this is also already happening.

    Unfortunately, this type of meta-activity also means it becomes much more important to have your grown-up business 'ducks in a row'. As business goals of varying coaching organizations overlap and sometimes even clash, there will be lawsuits and other 'vigorous' negotiations. Yes even among coaches.

    How can you prepare? Think bigger about how to reach your goals. If one of your goals is to build a

    Meetings! Where Minutes are Kept and Hours are Wasted
    A survey respondent told me, “Meetings are my big timewaster. I have literally spent entire days in meetings. I not only get nothing done at my desk but also inherit additional work. I suppose if I could wish for one thing it would fewer meetings. Hey, I can dream, can’t I?”Yes! Let’s dream a little. Wouldn’t it be nice to have a pass that says, “Get Out of a Meeting Free”? Here are some ideas for making your meetings more productive:Consider the timing. If you’re someone with the ability to call a meeting during a certain time, seriously consider the best time to hold it. Corporate America has trained most people to be “morning people.” Our natural energy cycles cause us to be “up” or have “prime” time first thing in the morning. Unfortunately, many people insist on holding meetings at that time. Some kinds of meetings are good during prime time, like those involving brainstorming, problem solving, or strategic thinking. Routine staff meetings, project updates, or information-only meetings should be he
    o predict an increase in mainstream criticism of coaching and the self help industry as a whole.

    Some of you who are following along know this has begun already in the form of recently-published books painting self-help as a whole with a very dark shade of black. And of course, there is the backlash to the very successful movie 'The Secret.'

    So how can you prepare for this? Isn't it hard enough to market your coaching business?

    More details to this worthy question in another post, but in general terms, my best suggestion is that each of us embrace the criticism as an opportunity. Don’t run from the criticism, take it as a vitamin and let it strengthen you.

    Because here's the thing, when I take a close look at some of what's being said - there is real truth to it. And hearing that truth at a deep level can only make us better at what we do, and how we talk about it.

    And although Milana only asked us for three, here are four more quickie predictions I slipped in. Note: Because I had to leave the call early, I wasn't able to cover each in detail on the record so the notes will be where you get the most detail.

    Coaching Prediction #4: We will see a handful or so coaches emerging as leaders in definitive (and perhaps unexpected) new niche markets.

    Again, I say this more from a factual standpoint than a crystal-ball or tea-leaf standpoint. There may be more than a handful but I can stand by at least a handful at this moment. Hint: This means more coaches hiring coaches as the new niche market embraces coaching results and demand increases.

    Coaching Prediction #5: There will be a steady increase in the number of mergers and acquisitions taking place. That is, the buying and selling of successful coaching businesses by people in and outside the industry.

    Whether it's because veteran coaches are moving out of the market going onto other things, selling, thinking about their legacy as a coach or just simply planning exit strategies...or.... just the fact that the coaching landscape is coalescing and consolidating ...this is also already happening.

    Unfortunately, this type of meta-activity also means it becomes much more important to have your grown-up business 'ducks in a row'. As business goals of varying coaching organizations overlap and sometimes even clash, there will be lawsuits and other 'vigorous' negotiations. Yes even among coaches.

    How can you prepare? Think bigger about how to reach your goals. If one of your goals is to build a

    Create A Photography Business Checklist To Help Start Your Dream Business
    If you’ve been thinking of starting your own business for some time now, the easiest way to get started is to begin with a photography business checklist. This list will provide you with the details of what it takes to get started, and give you a something that makes the tasks seem more doable.So, if you’re ready to move forward in photography, where do you start? What are the most important steps to consider when starting a photography business?1. Start by defining the type of photography you choose to offer your clients. Everyone has a different reason for becoming involved in photography. Some love working with babies and children. Some prefer working on location with families and pets. Some love commercial work, and making products come alive. Some find passion in creating wedding photography.While many photographers choose multiple specialties, keep in mind that any one of these can make a lucrative career. The more passion you have in your chosen line of photography, the easier it is to promote your wo
    xpected) new niche markets.

    Again, I say this more from a factual standpoint than a crystal-ball or tea-leaf standpoint. There may be more than a handful but I can stand by at least a handful at this moment. Hint: This means more coaches hiring coaches as the new niche market embraces coaching results and demand increases.

    Coaching Prediction #5: There will be a steady increase in the number of mergers and acquisitions taking place. That is, the buying and selling of successful coaching businesses by people in and outside the industry.

    Whether it's because veteran coaches are moving out of the market going onto other things, selling, thinking about their legacy as a coach or just simply planning exit strategies...or.... just the fact that the coaching landscape is coalescing and consolidating ...this is also already happening.

    Unfortunately, this type of meta-activity also means it becomes much more important to have your grown-up business 'ducks in a row'. As business goals of varying coaching organizations overlap and sometimes even clash, there will be lawsuits and other 'vigorous' negotiations. Yes even among coaches.

    How can you prepare? Think bigger about how to reach your goals. If one of your goals is to build a list of 10,000, how can you leapfrog the organic process of doing that? Ask, who’s getting out of the biz? Who’s going on sabbatical? How can you step in, acquire or buy a business asset?

    Also, be prepared to invest in infrastructure – accountants, lawyers, business managers etc.

    As for myself, there are a couple of businesses I’m looking at acquiring and/or merging with now – and that’s something I haven't done before in the coaching industry, for myself, only for clients. So this will be an exciting time of growth - one that I aim to navigate without adding too more hours in front of the computer. Fun.

    Coaching Prediction #6: We will see increased numbers of companion coaching programs – where coaches create programs based on existing best selling material.

    For example Coach Carol Ross' work based on Dan Pink's book 'A Whole New Mind' called "Leading with a Whole New Mind." If you're curious about this, I've posted my online interview with Carol in a separate post here.

    Coaching Prediction #7: We will see significant bodies of proof come to light that coaches are earning great livings.

    Ah, perhaps my favorite prediction. By this I mean Real Proof - no more 'Survey says we all stink.' (Can I just say I can't wait???)

    As an adjuct to this, as more coaches begin earning well, the pendulum will begin swinging back towards the 'meaning' side of the Money--Meaning spectrum. We'll start hearing more conversation about the social value of our businesses. How can we best give back? How do we manage our legacies or build charitable organizations that reflect our values? How can we infuse our business successes with greater meaning?

    We'll see more innovative creations along the social venture line, for example the book 'The BIG MOO' by Seth Godin where 100% of author royalties went to charity.

    ----end predictions----

    Needless to say, it's truly the most wonderful of times, isn't it? Great evolutionary tension, as it were.

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